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$ 798,000
Est. payment | /mo
7 Beds
4 Baths
1,500 SqFt
$ 798,000
Est. payment | /mo
7 Beds
4 Baths
1,500 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $532
Subdivision Fenelon
MLS® Listing ID X13210314
Style Bungalow
Bedrooms 7
Half Baths 1
Property Sub-Type Freehold
Property Description
Let the property pay all your mortgage and expenses! Buy one property and own 4 detached houses! Endless potential either stay in the main house (2br1full wash with amazing lakeview) and run the Parkview Resort for rest 3 cabins to cover all your mortgage, expenses and make a profit on it! Or take it as a turnkey investment opportunity generate 6.7% CAP income. Sitting at the conner across the Kennedy Bay Park with deeded access to Sturgeon Lake. Un-Obstacle lakeview! the property features beach and dock access, boating, fishing, swimming, and stunning sunset views. Currently operating as a profitable seasonal vacation rental from May-October and mid-term accommodation during the off-season, this property combines lifestyle and income potential. The resort includes a main cottage plus three additional cabins. With a proven rental history, flexible multi-unit layout, and strong seasonal income potential, Parkview Resort is ideal for investors, vacation rental operators, or families seeking a lakeside retreat in the Kawartha Lakes. According to the Grandfather Law, the current rental use does not require an annual short-term rental license fee, offering additional value and reduced operating costs. (id:24570)
Location
Province ON
Lake Name Sturgeon Lake
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features Yes
View Y/N Yes
View Unobstructed Water View
Attached Garage No
Total Parking Spaces 9
Garage Yes
Private Pool No
Building
Story 1
Sewer Septic System
Water Sturgeon Lake
Architectural Style Bungalow
Others
Ownership Freehold
Listed by RE/MAX ELITE REAL ESTATE
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